January 17 2020 @ 15:42 by Richard Dawson
Durham Group Estates has completed the second phase of a £750,000 refurbishment of Bede House on Belmont Business Park in Durham.
The property investment company, which operates across the North East and Yorkshire, completed the first phase of the 26,000 sq ft office space back in September 2019, with national accountancy firm Baldwins occupying the refurbished first floor.
Durham Group Estates’ property portfolio includes office space, retail units, industrial warehouses, land and student accommodation. This latest project at Bede House is part of a major investment in the region.
Durham Group Estates’ chief executive, Gurpreet Jagpal, said: “We have now completed the transformation of Bede House from subdivided small offices into large, open plan office suites, with the very latest in audio visual and IT infrastructure.
“We enlisted the advice and project management of Marc Simpson, Simpson Property consultants and all work was completed by AMH Workspace. I have to say we are delighted with the end product.
“Located on the edge of Durham city centre, Bede House is in a prime position at the entrance to Belmont Business Park with a variety of local and national organisations on its doorstep.
“We were delighted to welcome Baldwins Accountants, which chose the premise as its main County Durham office. We have had very strong levels of interest in the remaining office suite and are in advanced negotiations with a national organisation, which would be a fantastic coup for the Durham area.”
Andrew Little, regional managing partner and head of the Durham office at Baldwins Accountants, added: “We have signed a ten-year lease having centralised three regional offices, so that our 80 business advisory experts have an incredible new environment that is modern in appearance and offers vast open space.
“The location in Durham provides us with perfect access to the wider North East and beyond. We see this as an office of strategic importance, offering a great platform for growth. With 100 offices across the country we have become the fastest growing accountants in the UK.”